Debt Ceiling: McCarthy Says Republicans Can Act On Their Own
[ad_1] U.S. House Speaker Kevin McCarthy reportedly said on Thursday Republicans could act on their own to tackle the federal government’s debt ceiling issue, in the wake of President Joe…
TSLA, DWAC, RUM, IONQ, MCB: Top Trending Stocks – Tesla (NASDAQ:TSLA), Digital World Acq (NASDAQ:DWAC), IonQ (NYSE:IONQ), Rumble (NASDAQ:RUM), Metropolitan Bank Holding (NYSE:MCB)
[ad_1] Major Wall Street indices closed in the green on Thursday, led by gains in technology stocks. However, the Joe Biden-administration’s proposal for stricter rules for mid-size banks pulled banking…
Credit Suisse Helped Rich Americans Hide $700M: Wyden Probe – Credit Suisse Group (NYSE:CS)
[ad_1] The Senate Finance Committee’s findings of a two-year investigation released Wednesday uncovered major violations of a 2014 plea agreement by Credit Suisse Group AG CS with the Department of…
RIOT Stock Surges 47% In A Month: What Options Market Says – Riot Platforms (NASDAQ:RIOT)
[ad_1] Shares of Bitcoin mining company Riot Platforms Inc. RIOT closed 13.81% higher on Wednesday and have gained over 47% in last one month. That’s almost twice the gain registered…
Bill Isaac Says Regulators Were ‘Slow To Act’ During Banking Crisis
[ad_1] Former Federal Deposit Insurance Corporation, or FDIC, Chair Bill Isaac reportedly said that regulators were slow to act in the wake of the banking crisis but asserted there’s no…
FDIC Mulls Making Big Lenders Pay More For Crisis Costs: Report – Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), JPMorgan Chase (NYSE:JPM), Signature Bank (OTC:SBNY)
[ad_1] The Federal Deposit Insurance Corporation, or FDIC, which is staring at about $23 billion in costs from recent bank collapses, is reportedly mulling to shift a larger-than-usual portion of…
Tesla, 4 Other Stocks Are Drawing Investors’ Attention: Here’s Why – Viking Therapeutics (NASDAQ:VKTX), Tesla (NASDAQ:TSLA), RH (NYSE:RH), Micron Technology (NASDAQ:MU), Rumble (NASDAQ:RUM), Stem (NYSE:STEM)
[ad_1] Major Wall Street indices closed at least 1% higher on Wednesday, led by upbeat outlook by companies including Micron Technology Inc. MU that eased investor concerns about the economy.…
Lawmakers’ Recess Amid Debt Ceiling Crisis Worries Economist
[ad_1] Member of the Council of Economic Advisers and Chief Economist to the Invest in America Cabinet Heather Boushey reportedly sounded urgency in dealing with the debt ceiling crisis, as…
Peter Schiff Recalls Warning About ‘Worthless’ Fed Stress Tests
[ad_1] Peter Schiff, chief economist and global strategist at Euro Pacific Capital, reminded Twitter users about his views from three years ago when he highlighted how the Federal Reserve’s stress…
FDIC Asks Signature Bank’s Crypto Clients To Close Accounts – Signature Bank (OTC:SBNY), New York Community (NYSE:NYCB)
[ad_1] The Federal Deposit Insurance Corporation, or FDIC, has reportedly informed collapsed lender Signature Bank‘s SBNY crypto clients they have until April 5 to close their accounts and shift their…
Tesla, Micron, Alibaba, Lululemon, Lucid: Why These 5 Stocks Are Drawing Investors’ Attention Today – Alibaba Group Holding (NYSE:BABA), Lucid Gr (NASDAQ:LCID), Lululemon Athletica (NASDAQ:LULU), Tesla (NASDAQ:TSLA), Micron Technology (NASDAQ:MU)
[ad_1] Major Wall Street indices closed in the red led by a rise in yields that dragged stocks. Investors and traders also weighed in comments by Federal Reserve Vice Chair…
First Republic Bank Rescue May Involve US Backing: Report – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), First Republic Bank (NYSE:FRC), SPDR S&P 500 (ARCA:SPY)
[ad_1] Wall Street leaders and U.S. authorities conducting talks on intervention at First Republic Bank FRC are reportedly considering the possibility of government backing to encourage a deal. The group…
Tesla, GameStop, Nike, First Republic, Array: Trending Stocks – Tesla (NASDAQ:TSLA), Array Technologies (NASDAQ:ARRY), First Republic Bank (NYSE:FRC), Nike (NYSE:NKE), GameStop (NYSE:GME)
[ad_1] U.S. markets ended in the green on Tuesday as fears over liquidity crunch in the banking system ebbed and focus shifted to the Federal Reserve policy meet outcome where…
Cathie Wood Sells $13.5M In Coinbase Stock, Raises Intuit Stake – ARK Fintech Innovation ETF (ARCA:ARKF), ARK Next Generation Internet ETF (ARCA:ARKW), Intuit (NASDAQ:INTU), Coinbase Glb (NASDAQ:COIN), ARK Innovation ETF (ARCA:ARKK)
[ad_1] Cathie Wood-led ARK Investment Management sold a whopping $13.5 million stake in cryptocurrency exchange platform Coinbase Global Inc COIN on Tuesday. ARK sold over 160,000 shares of the company…
Tesla, Amazon, Apple: Crucial Trading Ranges This Week – Apple (NASDAQ:AAPL), Tesla (NASDAQ:TSLA), Amazon.com (NASDAQ:AMZN)
[ad_1] Technology stocks have traded mixed in the last month as a banking crisis unfolded in the U.S. following the collapse of Silicon Valley Bank. While Tesla Inc TSLA has…
Vivek Ramaswamy Blasts ‘Disastrous’ Fed Ahead Of Rate Decision – Credit Suisse Group (NYSE:CS), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), UBS Gr (NYSE:UBS), SPDR S&P 500 (ARCA:SPY)
[ad_1] U.S. Presidential candidate Vivek Ramaswamy slammed the Federal Reserve ahead of its policy announcement on Wednesday, saying the central bank is the root cause of “the disaster,” referring to…
US Looking At Ways To Expand FDIC Cover To All Deposits: Report
[ad_1] U.S. authorities are reportedly analyzing means to temporarily expand Federal Deposit Insurance Corp‘s coverage to all deposits, something that a coalition of banks has been calling for, arguing that…
Paul Krugman Believes Fed Has Space To Exercise Discretion – Credit Suisse Group (NYSE:CS), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), UBS Gr (NYSE:UBS), SPDR S&P 500 (ARCA:SPY)
[ad_1] Nobel laureate and noted economist Paul Krugman’s advice ahead of the Federal Reserve’s monetary policy announcement on Wednesday is simple — “Don’t just do something: sit there.” Markets heaved…
Tesla, DWAC, First Majestic, FRB, NYCB: Trending Stocks Today – Credit Suisse Group (NYSE:CS), Tesla (NASDAQ:TSLA), Digital World Acq (NASDAQ:DWAC), First Majestic Silver (NYSE:AG), First Republic Bank (NYSE:FRC)
[ad_1] Major Wall Street indices ended in the green on Monday after fears of the banking crisis ebbed following the rescue deal announcement of Credit Suisse Group AG CS as…
NYCB Unit To Buy Deposits, Certain Assets Of Signature Bank – Signature Bank (NASDAQ:SBNY)
[ad_1] The Federal Deposit Insurance Corporation said a wholly owned subsidiary of New York Community Bancorp, Inc. NYCB has entered into a purchase and assumption agreement to buy deposits and…
Lloyd Blankfein Warns Banking Turmoil May Hit Economic Growth – Credit Suisse Group (NYSE:CS), First Republic Bank (NYSE:FRC), UBS Gr (NYSE:UBS), Goldman Sachs Gr (NYSE:GS)
[ad_1] Former Goldman Sachs Group Inc GS CEO Lloyd Blankfein reportedly said that turmoil in the banking sector will likely impact economic growth as lenders become more conservative. “The greater…
First Republic Bank Gets Another S&P Downgrade – Citigroup (NYSE:C), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), First Republic Bank (NYSE:FRC), JPMorgan Chase (NYSE:JPM)
[ad_1] S&P Global reportedly downgraded the credit ratings of First Republic Bank FRC deeper into junk status on Sunday and said the recent $30 billion deposit infusion from 11 big…
El-Erian: Credit Suisse-UBS Deal ‘Not Clean’ But Best Option Now – Credit Suisse Group (NYSE:CS), UBS Gr (NYSE:UBS)
[ad_1] Allianz chief economic adviser and noted economist Mohamed El-Erian reportedly said Credit Suisse Group AG’s CS deal with UBS Group AG UBS was not the best solution but still…
$17B Of Credit Suisse AT1 Debt To Be Written Down To Zero – Credit Suisse Group (NYSE:CS), UBS Gr (NYSE:UBS)
[ad_1] Credit Suisse Group AG CS said on Sunday 16 billion Swiss francs ($17.24 billion) of its additional tier 1 (AT1) debt, a type of bond, will be written down…
Former Lehman Restructuring Head Calls Yellen ‘Superwoman’ – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] Mark J. Shapiro, the head of restructuring at Lehman Brothers when it collapsed in 2008 and currently the executive committee member at Shearman & Sterling, reportedly said that the…